PennyMac

JANUARY 2, 2024

A home upgrade that doesn’t fully pay for itself dollar-for-dollar in terms of increased home value may still boost your home’s overall market value, thereby increasing your equity. Take a look at these popular home improvement projects and their ROI values. That’s not always the case.

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Home Improvement Renovations Inspection Investing 36

Housing Wire

AUGUST 27, 2021

Cinch Home Services surveyed over 1,000 homeowners and renters to figure out how important updates are in the homebuying process. And they discovered that a majority of homeowners think upgrading their appliances will increase their home value by almost $14,000. . Certain home improvements are considered “capital improvements.”

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Renovations Home Improvement Investing Home Value 459

Eppraisal

MARCH 15, 2024

Additionally, platforms like YouTube host a vast array of instructional videos, covering everything from basic home repairs to advanced renovation projects. Home Improvement Blogs: Insights from the Experts Home improvement blogs have emerged as invaluable resources for homeowners seeking expert advice and insights.

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Home Value Home Improvement Renovations Design 36

Appraisal Buzz

NOVEMBER 15, 2024

In addition to managing debt, many younger homeowners are using home equity instruments to finance improvements and enhance their long-term financial plans. Homeowners of all generations are utilizing HE Loans or HELOCs to take advantage of their increasing equity as home values continue to climb.

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Housing Wire

NOVEMBER 23, 2021

Through proper communication around refinancing options available to borrowers and by outlining differentiated interest rates and opportunities for cash-out refinancing, home equity can be used as a tool to help homeowners leverage their home as a financial asset. Use home equity to raise home value.

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Investing Home Improvement Home Value Mortgage 448

Housing Wire

AUGUST 5, 2022

Despite rising rates, demand for home equity lines of credit (HELOCs) continues to surge with 2022 origination levels up more than 40% from a year ago, according to data from Citizens. Cash-out refinance not a viable option.

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Lending Home Improvement Home Value Mortgage 430

Housing Wire

MARCH 23, 2022

Since its inception in 2012, RMF has originated over 1,300 reverse mortgages for homes valued over $1 million, including some homes valued as high as $5 million. Savvy homeowners are using this product instead of conventional loans because of its greater flexibility.

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Mortgage Clients Business Training 394

Housing Wire

APRIL 24, 2023

Less demand for homes will cause home values to drop in many neighborhoods. Falling home prices will not only make it more difficult for retirees but will impact existing homeowners that may want to purchase something larger or in a more desirable neighborhood. Lower homeownership rates mean there will be fewer buyers.

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Legal Housing Market Government Buyers 379

REX Real Estate

AUGUST 12, 2021

Following a seismic shift toward working and schooling from home during the COVID-19 pandemic,…

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Home Improvement Home Value Renovations Marketing 36

REX Real Estate

MARCH 2, 2021

Ever wonder what your house is really worth? Whether you plan to sell, refinance…

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Home Value Home Improvement Investing Real Estate 36

Cleveland Appraisal Blog

APRIL 29, 2021

And that can certainly translate into increases in value. I also have some new podcasts in the works for my show at Home Value Stories. I just aired one on home staging this week. After all, home improvements are all about good vibrations. I am working on new posts of my own. So, stayed tuned.

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Appraisal Investing Buyers Renovations 249

Housing Wire

MARCH 10, 2023

Closed fixed-rate second-lien [home-equity] loans have been up the least in terms of volume, Toohig said, with HELOCs leading the charge — along with unsecured personal loans used for home improvement. (A Our contract is little different in that we share part of the entire home value at the end of the contract.

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Housing Market Marketing Contracts Lending 369

Chicagoland Appraisal Blog

MAY 13, 2021

Naturally, even if you choose not to sell your house, you certainly want to maintain your investment and ensure that your home value doesn’t drop. Here, we’ll explore everything you need to know about home appraisals and how to maximize the value of your house. . What’s in a Home’s Value?

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Appraisal Renovations Home Value Real Estate 88

Eppraisal

APRIL 9, 2024

Renovations are a great way to boost home value and aesthetics. It wouldn't hurt to improve your security measures and enjoy some peace of mind. It Can Be a Stressful Endeavor Major home improvements can be physically and emotionally demanding. A heads-up before the project starts is the least you could do.

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Renovations Supply Chain Home Value Construction 68

East Coast Appraisal

MARCH 16, 2023

Fortunately, you can take several steps to improve your home's appraisal. A higher appraisal value means you can sell your home for a higher price, which can result in a larger profit for you as the seller. Read on to learn four effective ways to do just that so you can get the best possible price for your home.

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Appraisal Renovations Home Value Inspection 52

Eppraisal

OCTOBER 31, 2023

Knowing how to price your home correctly isn’t rocket science, but it’s still tricky.    Property Valuation Your home value is the primary determiner of your asking price. Online Home Value Estimation Informal home appraisal tools can give you ballpark estimates of how much your property is worth.

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Marketing Real Estate Agent Real Estate Valuation 69

Eppraisal

FEBRUARY 6, 2024

While this deduction is available to renters who use a portion of their rental property as a home office, homeowners may have more flexibility in customizing their home office space to suit their business needs.

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Property Taxes Renovations Home Improvement Law 69

Eppraisal

SEPTEMBER 17, 2024

The Pros of Reverse Mortgages Supplement Retirement Income : For retirees who have built up equity in their homes but have limited cash flow, a reverse mortgage can be an effective way to access funds for day-to-day living expenses, medical costs, or home improvements.

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Mortgage Property Taxes Insurance Home Value 36

Houston Properties

MAY 6, 2020

Find Out How Much Your Home Is Worth: Get A Free Valuation Report Now! Why Your House Isn't Selling: Top 9 Houston Home Selling Mistakes. Tips For Selling Your Home Fast: Top 10 Home Staging Ideas To Increase Home Value. Increase Home Value: Step-By-Step Decluttering Checklist For Sellers.

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Renovations Realtors Sellers Home Improvement 66

Realtor

SEPTEMBER 19, 2023

Don’t put too much stock in home improvements We’re sure your brand-new kitchen is stunning but don’t be surprised if it doesn’t proportionally raise your home’s market value when it comes to the home appraisals.

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D Fritz Appraisals

MARCH 4, 2024

Essential Landscaping Tips and Tricks Details such as landscaping designs and quality craftsmanship in a home can make a dramatic first impression on prospective home buyers. has decades of experience and ideas to help homeowners increase the curb appeal of their homes. Fritz Appraisals Inc.

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Home Value Design Valuation Appraisal 101

Empire Appraisal Group

DECEMBER 3, 2021

ADUs are growing at a rate of 9% or 100,000 per year, according to a new analysis by Porch.com, a home improvement site. In the largest cities, a home with an ADU is priced 35% higher, on average, than a home without one, according to Porch.com. . Properties that have one are sought after.

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Home Improvement Law Inventory Appraisal 78

Eppraisal

MARCH 5, 2024

The Value of Home Renovations Renovating your home is an investment that can pay off in more ways than one. Increased Home Value Strategic renovations significantly boost a home’s market value. With the median home price in the U.S.

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Renovations Modernization Market Value Investing 36

Eppraisal

FEBRUARY 21, 2023

The good news is that home values have also gone up. A Home Equity Line of Credit (HELOC) is one of the ways to use the equity in your home to gain access to money for other expenses. A HELOC is a line of credit you may be able to take based on the equity in your home. A HELOC is secured by the equity in your home.

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Home Value Legal Home Improvement Finance 36

Lamacchia Realty

APRIL 4, 2022

Increase Value : A well-landscaped yard adds a great deal to a home’s curb appeal, and it is one of the few home improvements that can increase the value as the years pass. This also lowers the asking price on a home because now it has one less bedroom. Landscaping. Additional Resources. Buyer Resources.

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Law Buyers Decorating Home Value 69

PennyMac

OCTOBER 10, 2023

The required in-person visit by a home appraiser can take over an hour, depending on the size of your home. However, several other steps are involved in making an unbiased and professional assessment of your home's value. An appraiser will also evaluate your home's foundation and its condition.

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Appraisal Real Estate Agent Renovations Home Value 69

REX Real Estate

AUGUST 26, 2020

While many have taken on the DIY approach for home improvement projects during the…

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Home Improvement Home Value 36

Lamacchia Realty

AUGUST 17, 2021

If home values drop drastically, more money could be owed than what the home is worth. The interest may also be tax deductible if used for home improvement projects only. Ways to Leverage Your Home Equity for Renovations. HELOC is variable-rate, so the interest that is paid can fluctuate month to month.

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Renovations Home Improvement Realty Home Value 69

Empire Appraisal Group

OCTOBER 17, 2024

Renovations, which involve substantial home improvements, generally aren’t covered by standard insurance. See if family, friends, or your local home improvement stores would be willing to rent or loan their tools. Major renovations might require specific coverage like builder’s risk insurance.

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Renovations Inspection Tools Insurance 78

Zillow

JUNE 29, 2018

Look at a home equity loan as an investment - not as extra cash when making spending decisions. DO: Make home improvements. The safest use of home equity funds is for home improvements that will add to the home's value. a new roof), then a home equity loan might make sense.

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Home Improvement Home Value Finance Real Estate 36

Cleveland Appraisal Blog

OCTOBER 29, 2021

Once we know how much the home costs to replace, we can extract a percentage of how much the home improvement has depreciated. Let’s say that in this example, the home that sold for $500,000 has a replacement cost of $425,000. If that is the case, the home’s improvements have depreciated approx.

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Appraisal Development Finance Lending 365

Clear Capital

APRIL 1, 2024

If a borrower owns a home valued at $500,000 and they owe $250,000 on their mortgage, they can refinance with a $300,000 mortgage and take the $50,000 difference in cash. What can customers do with home equity loans? Borrowers may use this option to upgrade their home, perform repairs, or pay sudden expenses like medical bills.

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Lending Valuation Home Value Design 36

Raleigh Realty

APRIL 19, 2022

They can lead to more efficient homes, lower utility bills, and a greener environmental outlook. Just like a garage or a carport, environmental home renovations help to improve home value. Reused and Recycled Materials Even if you’re building an entirely new home, take advantage of recycled materials.

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Renovations Construction Home Improvement Government 78

PennyMac

NOVEMBER 27, 2023

.* Strategies to Unlock Your Home’s Financial Potential Understanding the different ways you can take advantage of your home can help you unlock its full financial potential and move you closer to your goals. Home Equity Loans Having home equity can be a safeguard for managing large expenses.

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Market Value Tenants Renovations Insurance 36

Realtor

AUGUST 24, 2023

Photo-Illustration by Realtor.com; Source: Getty Images We all get a thrill when a home near ours sells for a nice juicy price, and we think maybe that’s what our property is worth, too. But the truth is, what determines property value isn’t always a one-size-fits-all number.

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Lamacchia Realty

APRIL 10, 2024

Landscaping How this can Increase Value : A well-landscaped yard adds a great deal to a home’s curb appeal. In fact, excellent landscaping can add up to 15% to your property’s overall value! This is one of the few home improvements that can increase the value as the years pass.

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Law Buyers Renovations Decorating 74

Birmingham Appraisal

AUGUST 30, 2023

Homeowners might overestimate the value of their DIY efforts, leading to a gap between their expectations and the appraiser’s assessment. One thing to keep in mind is that you may or may not get a 100% return on your DIY investment contrary to what you are told on all of the home improvement shows.

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Appraisal Appraisal Process Renovations Market Value 87